As Trump aims to ax the penny, these are the coins that cost more than they're worth
Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a nickel.
So long, penny! President Trump orders US to ditch 1-cent coin after decades of complaints
President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.
How much does it cost to mint a penny? Trump orders end of penny production
The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla and SpaceX CEO Elon Musk, said that producing 4.5 billion pennies in Fiscal Year 2023 cost taxpayers more than $179 million.
Trump says the penny costs too much, orders Treasury to stop making them
U.S. laws give Secretary of the Treasury Scott Bessent the authority to make the coins he “decides are necessary to meet the needs of the United States,” and the 47th President’s order seems to believe the penny does not meet that standard any longer.
Trump's order to scrap the penny doesn't make 'cents': Expert
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
It takes nearly 4 cents to make a single penny. Here's why Trump wants them gone.
Trump says he'll order the Treasury Department to halt penny production to save money. Costly nickels, however, could cancel out savings.
Does Trump’s penny plan make cents? How ditching the hated coin would affect consumers
President Donald Trump promised to penny pinch the federal budget if re-elected. Turns out he meant that literally.
Trump's order to discontinue the penny doesn't add up: Expert
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
Making change: Trump tells US Treasury to stop making pennies. What if we drop the penny?
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...
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Trump makes major move to ‘rip the waste out’ of US budget
Trump has ordered the U.S. Treasury to "stop producing new pennies" as the cost of making new pennies is greater than the ...
President Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of ...
Why Trump wants the Treasury to stop minting the penny
President Donald Trump announced that the United States would cease minting pennies, calling the coin “wasteful.” “For far ...
President Trump orders Treasury to stop producing pennies
Local businesses say vast majority of customers don't use cash. President Trump says the move makes sense due to high manufacturing costs.
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President Trump orders penny to stop being minted, U.S coin museum & Governor weigh in
President Donald Trump has ordered the production of U.S pennies to stop as of Sunday night. Now, Governor Jared Polis, ...